Portal News
Among the companies to which sanctions have been applied:
COVART ENERGY LIMITED
Provide additional information
Full name of legal entity
COVART ENERGY LIMITED
Abbreviated name of the legal entity
COVART ENERGY LTD
Tax Number
Registration number
2890985
Country
Hong Kong
Address
5/F, Lee Garden Three, 1 Sunning Road, Causeway Bay, Hong Kong
Reasons
The company is the owner of the oil product tanker ‘Sanar 15’ (IMO 9777670), which has been involved in the transportation of russian oil products since the G7 and EU oil embargo and price cap policy at $60 per barrel of russian oil came into effect. The company's vessel also calls at the ports of the TOT of Ukraine. The company has sharply increased its share in the russian oil trade following the introduction of the price-cap policy.
The company is affiliated with the sanctioned russian company Rosewood Shipping LLC (TIN: 6167088540), a shipping company specialising in the logistics of oil products using its own fleet. The founder of Rosewood Shipping LLC is South Energy LLC (TIN: 6167088571). The management company of Rosewood Shipping LLC is a sanctioned russian company, NZNP Management JSC (TIN: 9725007881), which is affiliated with NZNP JSC (one of the largest suppliers of oil products in southern russia, TOT of Ukraine).
Links
https://opencorporates.com/companies/hk/2890985
https://www.legalentityidentifier.co.uk/leicert/984500D0OVDBCBH2DF21/
https://leave-russia.org/covart-energy-limited
Sanction Jurisdictions
United States of America
Canada
Switzerland
EU
Great Britain
Australia
New Zealand
Japan
Ukraine
Date of entry and reference to the document
The country has not yet applied sanctions
Marine vessels
Sanar 15
Vessel name
Sanar 15
IMO
9777670
Flag (Current)
russian federation
Vessel Type
Oil Products Tanker
Category
Cargo transportation from/to ТОТ of Ukraine
 Calling ports of the TOT
Vessel makes calls at the ports of the TOT of Crimea (Ukraine) and is involved in the transportation of russian oil products after the G7 and EU oil embargo and price-cap policy at $60 per barrel of russian oil came into effect. It is owned by the sanctioned Covart Energy Limited (Hong Kong). The company has sharply increased its share in the russian oil trade after the price-cap policy was introduced. Since May 2023, vessels chartered by Covart have been making frequent calls to russian ports. The vessel is affiliated with the sanctioned russian company Rosewood shipping LLC (TIN 6167088540), a shipping company specialising in the logistics of oil products using its own fleet. The founder of Rosewood shipping LLC is Yug Energo LLC (TIN 6167088571). The management company of Rosewood shipping LLC is a sanctioned russian company, NZNP Management JSC (TIN 9725007881), which is affiliated with NZNP JSC (one of the largest suppliers of oil products in southern russia, TOT of Ukraine). In December 2023, USA imposed sanctions on the vessel.
War & Sanctions 2024